I am receiving several directions that banonas 31 will rise a lot, stay there and do not sell under any circumstances.
NAPOL
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$BANANAS31 📉 BANANAS31/USDT – Current Technical Overview (1H)
The BANANAS31/USDT chart shows a clear continuation of weakness in the short term. The price is at 0.003861, working below the moving averages of 7, 25, and 99 periods — all sloping downwards, indicating a selling trend and lack of buying strength.
The RSI(6) remains in the 30 points region, showing that the asset is close to being oversold, but with no sign of a consistent reaction so far. Additionally, the MACD remains negative, reinforcing the bearish momentum.
The nearest support is at 0.003834, a level recently tested, but still without a breakout or solid bounce. The range between 0.00390 – 0.00400 has become an important resistance in the short term.
📊 Opinion: At the moment, the scenario still favors caution. The asset is weak and shows no clear signs of reversal, with low volume, moving averages pressuring, and neutral indicators for bears. For those considering buying, it would be wiser to wait for a real sign of recovery, such as a move above the MA7 or an influx of buying volume.
For those already positioned, the current region is more about risk management than selling out of desperation, but the trend is still downward.
⚠️ Summary: 👉 It is not the best time to buy. 👉 Possible opportunity only after confirmation of reversal. 👉 Sellers remain in control in the short term.
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